First, stocks hit new highs on Friday. Gold lost $22 per ounce.
But believe it or not, our new Trade of the Decade is going well.
As you may recall, we began a “Trade of the Decade” back at the start of the 21st century.
“Buy gold. Sell stocks.” That was it. No fancy straddles, hedges or derivatives. Not even any stock selection. Just a simple macro trade that you could stick with for the next 10 years.[Read more...]